Risk Manager (Retail Credit Risk)

About Revolut

People deserve more from their money. More visibility, more control, and more freedom. Since 2015, Revolut has been on a mission to deliver just that. Our powerhouse of products — including spending, saving, investing, exchanging, travelling, and more — help our 55+ million customers get more from their money every day.

As we continue our lightning-fast growth,‌ 2 things are essential to our success: our people and our culture. In recognition of our outstanding employee experience, we've been certified as a Great Place to Work™. So far, we have 10,000+ people working around the world, from our offices and remotely, to help us achieve our mission. And we're looking for more brilliant people. People who love building great products, redefining success, and turning the complexity of a chaotic world into the simplicity of a beautiful solution.

About the role

Our Risk team sits at the very core of Revolut. Those special agents work across functions, products, and regions to monitor front-line performance and ensure that the business is on safe ground. People on the Risk team are among the first in the company to get involved in new business initiatives, from app technology, through Treasury and Finance, all the way to Customer Support.

We’re looking for a Risk Manager who'll build our business credit portfolio. An expert in making data-driven decisions with good business intuition on risk-adjusted return requirements. You'll lead the initiative for preventive and reactive actions towards any factors impacting portfolio credit performance and profitability.

Up to shape the future of finance? Let’s get in touch.

What you'll be doing

• Managing Revolut’s exposure to retail credit risk across global markets, including Colombia, Brazil, Australia, Singapore, and Mexico
• Designing, developing and implementing retail credit risk models in collaboration with the Risk Modelling team
• Evaluating and optimising credit strategies in expansion markets, ensuring alignment with Revolut’s risk appetite
• Managing risk appetite through the calibration, monitoring and governance of limits
• Maintaining and enhancing key risk policies, procedures, and control frameworks
• Partnering with first-line functions (e.g. Underwriting, Fraud Prevention, Collections) to improve credit performance and reduce losses
• Conducting ongoing portfolio monitoring and performance analytics to identify trends and inform strategy
• Engaging with business leaders to identify, monitor and govern emerging retail credit risks, including through new product risk assessments
• Representing Retail Credit Risk in interactions with internal stakeholders, senior management committees, and regional regulators
• Quantifying risk exposures, balancing financial, regulatory, and reputational considerations
• Identifying and escalating emerging credit risks impacting portfolio performance or business growth
• Championing a strong risk culture and ensuring all credit activities remain within approved risk appetite
• Supporting Revolut’s commitment to external stakeholders by maintaining a reputation for responsible and forward-thinking risk management

What you'll need

• 7+ years of experience managing retail credit risk, ideally across international markets
• Proven track record of managing through-the-cycle credit risk for retail products such as credit cards and unsecured personal loans
• Solid understanding of credit policy governance frameworks and the ability to navigate the three lines of defence model
• In-depth knowledge of credit risk regulations, methodologies, and emerging regulatory issues
• Deep understanding of credit and behavioural scoring models, particularly for retail credit products
• A clear, concise, and structured approach to work with the ability to explain complex topics in a simple, digestible manner
• Excellent strategic thinking and decision-making skills
• Thrive in fast-paced, dynamic environments and manage competing priorities effectively
• Data-driven mindset and approach to problem solving, with analytical and critical thinking skills
• Proven track record of delivering high-impact results and resolving roadblocks
• Proficiency in SQL is mandatory; knowledge of Python or other programming languages is a strong plus

Building a global financial super app isn’t enough. Our Revoluters are a priority, and that’s why in 2021 we launched our inaugural D&I Framework, designed to help us thrive and grow everyday. We're not just doing this because it's the right thing to do. We’re doing it because we know that seeking out diverse talent and creating an inclusive workplace is the way to create exceptional, innovative products and services for our customers. That’s why we encourage applications from people with diverse backgrounds and experiences to join this multicultural, hard-working team.

Important notice for candidates:

Job scams are on the rise. Please keep these guidelines in mind when applying for any open roles.

• Only apply through official Revolut channels. We don’t use any third-party services or platforms for our recruitment.

• Always double-check the emails you receive. Make sure all communications are being done through official Revolut emails, with an @revolut.com domain.

We won't ask for payment or personal financial information during the hiring process. If anyone does ask you for this, it’s a scam. Report it immediately.

By submitting this application, I confirm that all the information given by me in this application for employment and any additional documents attached hereto are true to the best of my knowledge and that I have not wilfully suppressed any material fact. I confirm I have disclosed if applicable any previous employment with Revolut. I accept that if any of the information given by me in this application is in any way false or incorrect, my application may be rejected, any offer of employment may be withdrawn or my employment with Revolut may be terminated summarily or I may be dismissed. By submitting this application, I agree that my personal data will be processed in accordance with Revolut's Candidate Privacy Notice